For Immediate Release
Chicago, IL - April 16, 2019 - Stocks in this week's article are Etsy, Inc. ETSY , AMC Entertainment Holdings, Inc. AMC , Covanta Holding Corp. CVA and U.S. Silica Holdings, Inc. SLCA .
4 Toxic Stocks to Discard or Sell Short for Solid Gains
Precise identification of correctly-priced stocks is the key to successful investing. However, in reality, overpriced toxic stocks and rightly-priced stocks are intertwined in such a way that it is difficult to distinguish between the two.
Generally, overpriced toxic stocks are vulnerable to outside shocks. Moreover, these stocks are loaded with a large amount of debt. The price of these stocks is artificially inflated. The higher price of toxic stocks is only temporary in nature as it is higher than its intrinsic value.
Investors are likely to gain from accurate identification of toxic stocks with the help of an investing strategy called short selling. This strategy allows investors to sell a stock first and then buy it when price falls.
While short selling excels in bear markets, it typically loses money in bull markets.
So, correctly identifying toxic stocks and discarding or short selling those at the right time is the key to guard your portfolio from big losses.
For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/380640/4-toxic-stocks-to-discard-or-sell-short-for-solid-gains
Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.
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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Etsy, Inc. (ETSY): Free Stock Analysis Report AMC Entertainment Holdings, Inc. (AMC): Free Stock Analysis Report U.S. Silica Holdings, Inc. (SLCA): Free Stock Analysis Report Covanta Holding Corporation (CVA): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research